Using the balance sheet below (and the additional information below, please answer the following 3 questions. a) What is the amount of long-term funding that is funding short-term assets? b) What is the firm's total market equity capitalization? c) What is the firm's WACC (weighted average cost of capital? Balance Sheet -- LM United Corporation Cash/Marketable Sec. Accounts Receivable Inventory Property Equipment Acc. Dep. Other LT Fixed Assets Total Assets 1,500,000 7,000,000 11,500,000 450,000,000 1,300,000,000 -500,000,000 300,000,000 1,570,000,000 35 1.25 4 10 40% Accounts Payable Taxes Payable Other Accruals Bond 1 (5 1/2 %) Debenture A (8%) Preferred Stock (4%) Common (Par $1 Par) Surplus Retained Earn. Total (Liab + Eq) Price per Share Beta (LM United) Risk-Free Rate Expected Return on Market Tax Rate 8,500,000 2,500,000 6,000,000 300,000,000 400,000,000 300,000,000 50,000,000 200,000,000 303,000,000 1,570,000,000